SEQ - The Next 10 Years
There is an air of confidence around Southeast Queensland over the next 10 years leading up to the Olympic Games, and rightly so.
Are you and your property assets positioned to take full advantage?
I am hearing a lot about capital growth, development opportunities, and general good times to come. If there is one thing I have learned over 30 plus years (and a GFC) in the property industry, is that opportunity is available only to those who are prepared.
What do I mean by that?
Property is a highly capital intensive industry and despite the good times ahead we are never going back to the heady pre-GFC days when anyone could get a loan for anything. As such, to be ready to take advantage of the coming boom you need one of two things in place (and preferably both) –
1. Low gearing and strategic asset holdings. This means assessing what is in your portfolio now and consolidating to ensure you have available equity in strategically placed assets that meet the criteria you want to achieve.
2. Available cash equity or solid liquid assets.
Have a good look at where you sit and be ready. If you’re not you’ll just be left behind by the people who are.
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